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Sources tell ESPN that White's new deal is for five years and for nine percent of the company's net profits. The deal also gives White incentive to further grow the business instead of having a locked-in salary. When reached on Tuesday, White declined comment.
Sources confirmed that White owned nine percent of the UFC, which would mean he'd be receiving roughly $360 million from the organization's recent $4 billion sale to agency WME-IMG when the deal closes. It was not immediately known if White is retaining any percentage of the new company.
Figuring out what the business actually nets after all expenses is an inexact science, but based on a ballpark estimate of what other entertainment businesses net after costs, the UFC's bottom line could be in the $200 million range. That would make White's yearly take about $18 million to start.
For comparison's sake, Goodell averaged $21 million a year in compensation for his first 10 years as commissioner.
http://espn.go.com/mma/story/_/id/17017718/dana-white-new-deal-gives-piece-future-ufc-net-profits
Sources confirmed that White owned nine percent of the UFC, which would mean he'd be receiving roughly $360 million from the organization's recent $4 billion sale to agency WME-IMG when the deal closes. It was not immediately known if White is retaining any percentage of the new company.
Figuring out what the business actually nets after all expenses is an inexact science, but based on a ballpark estimate of what other entertainment businesses net after costs, the UFC's bottom line could be in the $200 million range. That would make White's yearly take about $18 million to start.
For comparison's sake, Goodell averaged $21 million a year in compensation for his first 10 years as commissioner.
http://espn.go.com/mma/story/_/id/17017718/dana-white-new-deal-gives-piece-future-ufc-net-profits